This property looks like a bad Long-Term investment with a projected -22.91% first-year return on $92,379 initial cash invested.
-22.91%
Cash On Cash
1.95%
Cap Rate
0.3
DSCR
$1,787
Rent
-$1,764
Cashflow
Cash Flow
$1,787 income − $3,551 expenses = $1,764 out of pocket
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,379
Downpayment
20%
$87,980
Closing costs
1%
$4,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,787
Total Expenses
$3,551
Mortgage P&I
134%
$2,390
Property Taxes
30%
$543
Home Insurance
9%
$154
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0